French IT firm Atos plans to restructure €3.65bn debt by July with a refinancing framework presented to creditors by 8 April.
French IT firm Atos is aiming to restructure its €3.65bn ($3.96bn) debt by July, with a refinancing framework planned for presentation to creditors by 8 April. The company, which reported a 2023 loss of €3.44bn, has seen its bond due in 2025 drop in value, and is seeking a comprehensive agreement with creditors. France's finance ministry has stated it will find a national solution to protect the strategic activities of Atos.
March 26, 2024
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